This comparison simply includes all savings accounts.
Zenith Bank Instant Access Savings Accounts
Why we like it: No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Open with £1. Unlimited deposits and withdrawals. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.
Why we like it: Free withdrawals and no notice period. Flexible saving - regularly or with a lump sum. Includes a fixed bonus of 1.16% gross fixed for the first 12 months. Quick and easy online application. Covered by the FSCS
Why we like it: Unlimited withdrawals subject to 30 days notice.
Why we like it: Earn 1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.
Why we like it: 5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
Why we like it: Earn 1.50% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.
Zenith Instant Access Savings Accounts
Zenith Bank offers both personal and business banking services. They have a variety accounts available, including high interest instant access savings accounts.
Zenith Bank EazySave Classic Account
If you are searching for a high interest account but you do not want to lock your savings for a fixed period of time, then the Zenith Bank EazySave Classic account could be a good choice for you. This account allows you to deposit and withdraw money at any point, with no additional charges or penalty fees.
Zenith Bank’s EazySave Classic account provides competitive interest and has some of the best monthly interest that high street banks have to offer. The EazySave Classic account has a number of features that make it an appropriate savings account option for students, young professionals, over 50s, those look toward retirement and retired individuals. Zenith Bank are committed to providing banking services to all ages, which is why their EazySave Classic account could be used as a savings account for over 60s.
Features include:
- Competitive interest rates
- No initial deposit needed
- No maximum deposit or balance
- Unlimited withdrawals
- Easy saver rates
- Manage your accounts instantaneously with online access
Review our table above to compare Zenith Bank’s savings account with other instant access high street savings accounts.
Quick online application setup from Zenith Bank
With UK savings rates at an all time low you need to take action to ensure your savings are getting the best interest deal possible.
The interest rates provided by the current crop of savings accounts do not provide high enough interest to combat the effect of inflation. This means that people are losing money in real terms. There are a variety of savings accounts available in the UK; however, none of them give savers any substantial financial advantage. This is because savings accounts’ interest rates are heavily determined by the base rate set by the Bank of England.
For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.
See here for a comparison of leading UK instant access accounts
